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Replies: 19 / Views: 3,081 |
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Pillar of the Community
United States
2797 Posts |
Without a doubt ... it's a copy. Why do people bid on stuff like this? They lack the necessary knowledge and are filled with mis-placed trust. 
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Pillar of the Community
United States
968 Posts |
Even if I didn't have an ethical problem selling this I wouldn't do it in his case. His seller's history has only 90 feedbacks. Even if he says it may be fake, chances are the person buying it thinks it is real. If the buyer figures out it is fake he will probably leave a negative feedback, dropping his seller's rating to 98.9%. You really don't want to risk a negative feedback until you hit 200 or more auctions.
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Valued Member
United States
461 Posts |
I come down on the fake side also! It looks to be fresh out of the mold. I copied the picture and blew it up and it is pretty sickly looking. 
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Pillar of the Community
United States
677 Posts |
Maybe the bidders don't know the definition of "authenticity" 
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Pillar of the Community
United States
618 Posts |
Maybe the bidder knows its a fake and is going to try to scam someone else on E-bay and turn a profit.
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Moderator
 United States
16679 Posts |
Look at the edge and denticles. This is NOT genuine. What a shame. Oh well, either ignorant bidders or just plain dumb.
swcoin.ecrater.com
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Valued Member
Australia
126 Posts |
Buying it is not a good risk to take.
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Pillar of the Community
United States
8904 Posts |
You can get fake Morgans much cheaper than this... 
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Pillar of the Community
United States
2254 Posts |
Don't forget folks, this auction was being viewed by thousands and thousands of people, and I would say at least 50% of them are not astute collectors. When I say it's a "good" fake, I am talking more general than the scrutinizing that is done by members here. Some can see it's a cast just by the color and surface finish of the coin. some concentrate on numbers and such. But if you go to the link on the left side of this page for Us Coin Facts and open up a picture of a Morgan in there and do a cursory look between the two, it has all of the major details. This isn't a counterfeit with one side not even belonging with another. If folks are looking to purchase a coin for a relative, and all they remember is that CC coins usually demand a premium, they will think they are getting a good deal. Look at the coin as if you were a non collector. What would you compare it to? It stinks, but it happens a lot everyday.
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Pillar of the Community
3660 Posts |
I can certainly appreciate the words of understanding SeatedNut & tights24. I am fairly new to all of this numismatic stuff, and cannot tell a counterfeit from genuine; coin or currency. I am not in buying mode for either, but if I were, some folks here would be calling me all sorts of names, rather than terms like uneducated or inexperienced. I consider myself lucky in that my interests so far are comprised of the processes of production rather than the product itself.
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Pillar of the Community
United States
968 Posts |
zeewool, If anyone was to use harsher words in this case it would be because the seller is very clearly saying that this might be a fake. I don't care how real the coin looks, on ebay you need to be very cautious. So if the seller questions its authenticity you should automatically assume it to be a fake and walk away. In a normal auction where the seller claims the coin is genuine then no one will blame an inexperienced buyer. But if someone were to buy this coin after ignoring such a clear warning sign I might not say harsh things about him, but I would have less sympathy for his mistake than one where there was no warning by the seller.
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Pillar of the Community
3660 Posts |
Point well taken Saruma. Thanks. I did not link to the auction, so I spoke foolishly.
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Pillar of the Community
3660 Posts |
The question of counterfeits is rather a paradox to me, as I have seen the 1896,1900,1901,1902 etc Morgan dollars with the 'micro O' mint mark openly accepted as counterfeits, yet they are highly sought after by a good many collectors. Is this auctioned coin just a case of being accepted and valued for what it really is?
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Pillar of the Community
United States
2797 Posts |
Quote:The question of counterfeits is rather a paradox to me, as I have seen the 1896,1900,1901,1902 etc Morgan dollars with the 'micro O' mint mark openly accepted as counterfeits, yet they are highly sought after by a good many collectors. Is this auctioned coin just a case of being accepted and valued for what it really is? The Morgans you mention have a "provenance" that these modern Chinese knock-offs and early cast copies don't have. They were accepted, graded and slabbed by the experts in numismatics. They weren't determined to be counterfeits until the horses were long gone from the corral. This caused them to achieve celebrity status and they will probably retain that status for a long time.
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Pillar of the Community
3660 Posts |
I see. Thanks for clearing that up for me SeatedNut. I do understand, (laughable, but understandable).
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